• What is technical analysis?

  • Technical analysis is the study of price movement of stocks, commodities or currencies to make investment decision. If you want to trade in any financial market, then you just need the price history chart of the instrument to make trading decision.
  • What is the difference between fundamental and technical analysis?
  • Fundamental analysis depends on financial facts and figures like balance sheet, revenues, interest rates etc to decide about strength of an asset. Technical analysis only sees the price movement and is not concerned how a financial entity is doing.
  • Who can learn technical analysis?
  • Anyone can learn technical analysis as it is simple and requires no minimum qualification. However basic knowledge of stock, commodity or forex market makes it easy to start with technical analysis.
  • Why learn technical analysis?
  • Technical analysis gives you a clear picture of what is happening in the markets. It provides you with a reason for your position. Technical analysis is the only tool that tells you “when” to buy and "when" or sell. It also makes your money management stronger.
  • What is the guarantee that a person will make profit after learning Technical analysis?
  • Nothing is guaranteed in this life. Lets be clear about one thing. Technical Analysis is the knowledge to trade the stocks. So one have to apply that knowledge in the field to get the desired result and it needs practice and patience and hard work. Initially every trader goes through three stages. First he has to give losses, second stage he breakseven i.e. no profit no loss and third stage he starts earning profits. (85 percent traders finish themselves at the first stage only).
  • What are the Basic Assumptions underlying Technical Analysis?
  • The Assumptions are :-
  • • Market Value is determined solely by interaction of demand and supply.
  • • Demand and Supply are governed by numerous factors, both rational and irrational.
  • • Ignoring minor fluctuations in the market, stock prices tend to move in trends which persists for an appreciable length of time.
  • • Changes in trend are caused by shifts in demand and supply.
  • • Shift in demand and supply, no matter they occur can be detected sooner or later in charts of market action.
  • • Some chart patterns tend to repeat themselves.
  • What is trading account and Demat Account?
  • Demat account is an account where stocks are stored or saved in a dematerialized format and this is the only use of the demat account. It is very similar to a safety locker in the bank where one keeps his valuables, in the bank locker one keeps the valuables in physical form and in a demat account one keeps the stocks in an electronic form.

     

    Trading account is where all the action happens, trading account is where one keeps his funds, trading account is where one buys/sells stocks/F&O, trading account is where one's futures and options contracts stay, where the intraday positions stay. In case one buys a stock for delivery in his trading account, after 2 days the stock is credited to his demat account mapped with his trading account and when one sells stocks the same is debited from his demat account.

     

    For trading F&O, one doesn’t need a demat account as F&O are contracts and they stay in his trading account till the end of expiry.
  • How to open a Demat Account and what are the documents required?
  • One should always open a Demat Account with a reputed broker. Xerox copies with self attestation of following Documents are required to open a Demat Accpount:-
  • • Pan Card.
  • • Bank Account Statement for 6 months.
  • • One Cancelled Cheque.
  • • Address Proof.
  • • Two Colour photos (Original)

Odisha Institute of Technical analysis is the ONLY Institute of its kind at Bhubaneswar

We make happy and successful
traders year after year.



Join Now

  Fill the Form